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Derived real-time data in partnership with:
Thomson Reuters
Mar 05 - 09:48 PM
AUD/USD - Eases After Slightly Weaker Aus GDP
First appeared on eFXplus on Mar 05 - 07:35 PM
  • AUD/USD below 0.7060 after Q4 Aus GDP came in 0.2% at vs 0.3% Q/Q exp
  • Support just ahead of0.7050 with break targeting 0.7005
  • The market was bracing for a weak result so impact may be fleeting
  • Weaker GDP will cast doubt of RBA's forecast the growth will be around 3.0%

Source:
Thomson Reuters IFR Markets

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